Meta encourages Microsoft and Apple employees to build their metaverse



Microsoft and Apple employees are jumping ship to join Meta Platforms as the company focuses on creating a metaverse.

According to former Microsoft employees cited Per The Wall Street Journal, about 100 people left the tech giant’s augmented reality team last year to join Meta Platforms. They say Meta has been particularly focused on attracting people who worked on Microsoft’s HoloLens augmented reality (AR) glasses.

According The Wall Street Journal, LinkedIn profiles show that more than 70 people who were part of Microsoft’s HoloLens team left the project last year, with more than 40 of them taking on new roles at Meta.

Microsoft’s first-mover advantage in the AR space makes its employees valuable assets to Meta. Microsoft announced its HoloLens project more than five years ago in 2016, with the technology developing into the world’s most advanced virtual reality glasses.

Meanwhile, Apple is trying to counter an exodus of employees to Meta by offering lucrative stock options and bonuses worth between $50,000 and $180,000, according to a report. report from Bloomberg. In late December 2021, the company offered the bonuses to a group of engineers in silicon design, hardware, and some software operations workers.

Facebook’s push to become Meta

Meta Platforms was formerly known as Facebook until a great movement of rebranding (rebrand) in October 2021, signaling the company’s growing ambitions beyond social media. Its virtual reality hardware front, “Reality Labs”, has been hard at work in the months since, successfully creating a prototype of their “tactile gloves” of virtual reality in mid-November 2021.

announcing @Goal – the new Facebook company name. Meta is helping to build the metaverse, a place where we will play and connect in 3D. Welcome to the next chapter of social connection. pic.twitter.com/ywSJPLsCoD

— Goal (@Meta) October 28, 2021

Despite these early successes, Meta’s attempts to dominate the metaverse led to a lot of criticism in the community at large, which includes leaders in the cryptocurrency, non-fungible token, blockchain and GameFi space.

Some cryptocurrency leaders, like Jenny Ta of Hodl Asset, have suggested that Mark Zuckerberg shouldn’t be the one to lead Facebook into the metaverse, given his track record in data mining, privacy, and content policies.

“In order for him to have a clean slate for Meta, he must resign and he must have a new CEO to run him,” she said in November interview with Cointelegraph.

Both Microsoft and Apple have been eyeing the metaverse for some time now. In early November 2021, Microsoft announced a series of Teams updates and upgrades for your Xbox game console, along with a new product called Dynamics 365 Connected Spaces.

The metaverse is here, and it’s not just transforming the way we see the world, but how we participate in it – from the shop floor to the boardroom. Take a look. pic.twitter.com/h5tsdYMXRD

— Satya Nadella (@satyanadella) November 2, 2021

“The Metaverse allows us to embed computing in the real world and embed the real world in computing,” Microsoft CEO Satya Nadella said at the time.

“Most importantly, we are able to bring our humanity with us and choose how we want to experience this world.”

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Thomas Miles

Cryptocurrency is the most recently discovered currency which will be likely at the help of modernization across the next few decades. With a limited control from the government, the crypto market is independent of many features of a sound market as we know it. Thomas brings these stories to us by weaving them into articles of general importance to all those looking at the fluctuations in the market, or new entries. Thomas is also the founder of Bulletin Bits and is an excellent leader. His leadership is the kind that makes him the most knowledgeable and experienced on the team. His wonderful work ethic and attitude are worthy of imitation!

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